obama embarks on a very important trip overseas to the middle east where he'll sit down with israeli leaders and also meet with leaders of palestinian authority before making his way to jordan. during this trip mr. obama is expected to issue a very strong warning to iran they will not be able to develop nuclear weapons. >> coming up this week on wall street a host of major companies will report their earnings. we'll hear from fedex, general mills, nike, and tiffany. the fed announces its latest rate decision. that comes on wednesday. we'll be listening very closely to comments from central bankers on overall economic recovery especially after a particularly strong february jobs report. then on thursday we'll get the latest existing home sales numbers for the month of february. those are key because existing home sales actually make up about 90% of the overall housing market. that will show us if this rebound we've seen seeing this housing is continuing. we'll track all of that and the latest business news for you on cnn money. >>> a.j. hammer, this is what we're watching this week. c